Quote from: ZaineJJ on October 16, 2017, 01:13:27 PM

Quote from: Lone Shark on October 16, 2017, 10:39:02 AM

Quote from: ZaineJJ on October 16, 2017, 08:54:11 AM

Quote from: Lone Shark on October 16, 2017, 07:34:37 AM

Quote from: ZaineJJ on October 16, 2017, 07:32:49 AM

Quote from: Lone Shark on October 16, 2017, 06:22:31 AM

Quote from: ZaineJJ on October 16, 2017, 04:46:53 AM

Quote from: ThatRandom8543 on October 16, 2017, 02:57:08 AM

Quote from: ZaineJJ on October 15, 2017, 03:11:59 PM

Hi community !
I want to loan 0.5 Btc
Time period min 7 Months

This is my calculations for the miner i am keen to invest in but i need investors.

Calculations @ 2306(SingaporeTime) - 15/10/2017
https://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=504000.00&p=1000.00&pc=0.00&pf=2.00&d=919573.79964320&r=25.00000000&er=0.01162600&btcer=5593.52050000&hc=2775.00

I loan 0.5 BTC from you
When i need : Within 7 days before miner runs out
Period: starting of 31/12/2017 ~ 31/7/2018 or earlier Cheesy

By the end : load 0.5 get back 0.57 ~ 0.6 (Depending on "Difficulty, Exchange rates, Block rewards")
We can get middle man to witness or whatever u need to let u trust me.
If you're keen to do a loan to me i will tell u what is my plan and from there we can discuss more.

Reasons for loan : Investment on Miner

i know i am a newbie but i am really keen to start and i need help im 19 wanting to make money NOW.

I know u guys would say its a scam its totally up to u to trust me or have faith in me.
You can email me zainetjj@gmail.com if you're keen in investing

I can offer u a ID scan as Collateral
i do not have much assets quote me a collateral ?
I am new to loaning i never loan any thing before expect a few dollars from my friends so if i am missing some information please guide me.

Edit1 : Collateral

You don't read do you? An ID is not valid collateral. Go to a bank instead.

Then what can i collateral ? im 19 and banks here need 21 so yeah ... i basically have nothing and i want to make someting

Just want to highlight what you said.

You basically have nothing, then there is 0% guarantee that you can pay up when the time comes and that you investment gone to shit.

i will make back the money within 7 months its long within 7 months i borrowed 0.5 ill return 0.57 ~ 0.6 i already invested on a dash miner but waiting till Dec to start so i have no more funds so i want to borrow so i can do 2 miner making more and by 6~7 im sure i am able to return its totally up to u to believe.
Lend at ur own risk.

Don't expect anyone will fill it. Unless you offer solid collateral, I don't think anyone will ever be interested.

Again, you have 0% guarantee that it will be paid. Then you just offer your word and ID, both of which are worthless.

Thats true haha ... maybe gotta wait till i have something ....
Accounts are worthless i know unless u wanna accept my coinbase ? which has $0 inside too but its my source of getting Coins guess u won't want it too

:/

You also have 0% knowledge of what collateral is. Go read the damned stickies.

Collateral is like a item that is somehow = to the amount you loan and use as a "trade"
Bob want to borrow $500 to do something and he use something that has value / cannot be "tech-ed supported e.g i have been hacked wtf" cannot be "items that he want to sell" maybe like a house / car / something with value that cant be changed after being used as collateral. am i right ?
Btw thank you Lone shark for replying i know im a noob if any kind soul willing to lend im more thn grateful and ill return currently waiting for my dash miner to start working on Dec so if i borrowed to buy a LTC Miner im sure i am able to repay the debts and interest of 0.07 ~ 0.1 btc
-Peace

Basically that is indeed a definition of what collateral is, but you applying the concept is different. You do not understand that you need to give some to get some. That's what wrong here. Anyway, I'm tired telling you what to do. Good luck.